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 Totals for This Return 2020

Mo Use Tax 2020-2025 Form

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[Music] hey everyone kieran king here today i'll be looking at how a small fund named archaegos caused an avalanche 30 billion stock fire sale a few days ago imagine you go to four mates separately borrow a thousand pound from each without telling the other and then go to a and put it all on red that is basically what happened anyways let's elaborate it all starts with this guy bill huang in 2001 huang launched a fund called tiger asia management which became quite successful until 2012 when bill was found guilty of insider trading and market manipulation he was basically fined millions and was banned from the hong kong market bill then decided to turn the fund into a private family office enter our cagos now a family office is basically a fund for wealthy families and it usually falls outside the scope of u.s regulatory oversight and scrutiny given that it is by its name private anyways family offices and funds have the goal of investing in assets to deliver returns fo

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